Account Manager

Tibarumals Jewellers; Hyderabad; On-site; INR 450,000 - 750,000; Full time

Job summary

Tibarumals Jewellers is seeking an Inventory Management professional to oversee stock from procurement to sale. You will implement barcoding or tagging systems, monitor real-time stock movements across showrooms and workshops, and perform regular audits to prevent discrepancies.

The role emphasizes cost controls, vendor coordination, and ensuring accurate valuation and reporting in a jewellery ERP environment. Jewellery experience is a plus.

Qualifications

• Jewellery experience will be an advantage.

Responsibilities

• Record every item from procurement to final sale, tracking purity, weight, certifications, and crafting labour.
• Implement barcode, RFID, or specialized serial tags on each piece to monitor real-time stock movement.
• Conduct regular cycle counts and reconciliations to prevent theft, loss, and stock discrepancies.
• Separate owned inventory from vendor-supplied consignment stock and manage replenishment orders.
• Monitor inventory turnover to flag slow-moving or outdated designs.

Skills

Stock tracking

Asset tracking

Barcoding

RFID tagging

Stock audits

Consignment management

Vendor management

Inventory turnover analysis

Tools

JewelMate

TradeGecko

Job description

Jewellery Inventory Management Roles & Responsibilities

• Stock & Asset Tracking: Record every item from procurement to final sale, tracking unique attributes like gold/silver purity (karats), metal weight, gemstone certifications, and crafting labor. [1]
• Barcoding & Tagging: Implement barcode, RFID, or specialized serial tags (JewelMate, TradeGecko) on each piece to monitor real-time stock movement across showrooms or repair workshops. [1, 2]
• Physical Stock Audits: Conduct regular cycle counts and daily vault/showroom reconciliations to prevent theft, loss, and stock discrepancies. [1, 2]
• Consignment & Vendor Management: Separate owned inventory from vendor-supplied consignment stock and manage replenishment orders before items hit low-stock thresholds. [1]
• Turnover & Dead Stock Analysis: Monitor inventory turnover rates to flag slow-moving or outdated designs that have remained unsold past target windows (typically 12 months). [1]Role & responsibilities

Jewellery expirence will be an advantage

Preferred candidate profile

• Cost Accounting & Pricing: Calculate Cost of Goods Sold (COGS) by factoring in fluctuating daily bullion market rates, gemstone valuation, labor charges, and manufacturing wastage. [1, 2]
• Bookkeeping & Reconciliations: Reconcile daily cash, card, and digital payment receipts with POS billing systems and general ledgers on a weekly basis. [1]
• Taxation & Compliance: Handle regional sales taxes (such as GST or VAT), import/export duties on rough or polished stones, anti-money laundering (AML) records, and artisan/staff payroll. [1, 2]
• Financial Reporting & Internal Controls: Generate profit-margin reports, manage accounts payable/receivable with bullion and stone vendors, and advise management on cash flow optimization using specialized jewellery ERP software